Usha Financial Services allots 12% NCDs worth ₹4.26 crore

Usha Financial Services allotted 426 secured, redeemable, non-convertible debentures (NCDs) on June 22, 2026, aggregating to ₹4.26 crore. The NCDs, designated as Series Q, carry a fixed coupon rate of 12% per annum payable monthly and will be redeemed at par on maturity. This allotment is part of a total issue size of ₹7 crore approved by the board on May 21, 2026.

The instruments have a tenure of four years, with the date of allotment recorded as June 22, 2026, and the maturity date set for June 21, 2030. The NCDs are secured by a first and exclusive charge on identified receivables, created by way of hypothecation in favour of the debenture trustee for the benefit of the debenture holders. The issuance was conducted on a private placement basis and the securities are not proposed to be listed on any stock exchange.

The board meeting to approve the allotment commenced at 12:00 P.M. and concluded at 12:30 P.M. on June 22, 2026. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Allotment

Particulars	Details
Type of Securities	Secured, Redeemable, Non-Convertible Debentures (NCDs-Series Q)
Type of Issuance	Private Placement
Total Issue Size	₹7 crore
Allotted Amount	₹4.26 crore
Number of NCDs Allotted	426
Face Value per NCD	₹1,00,000
Coupon Rate	12.00% per annum (payable monthly)
Tenure	04 years
Date of Allotment	22-06-2026
Date of Maturity	21-06-2030
Listing Status	No

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.43%	-1.29%	-6.51%	-4.31%	-55.83%	-77.90%

Usha Financial Services Limited disclosed that its promoter group and persons acting in concert (PACs) have not created any encumbrance on their shareholdings during the financial year 2025-26. The declaration, submitted by Promoter Rajesh Gupta on behalf of the group, confirms that no shares were pledged directly or indirectly other than those previously disclosed to the stock exchanges. This compliance filing covers the period ending March 31, 2026.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company forwarded this intimation to the National Stock Exchange of India Limited on April 07, 2026. The filing was signed by Kritika, Company Secretary and Compliance Officer of Usha Financial Services Limited.

The promoter group and PACs collectively hold 3,25,94,810 equity shares, representing 74.96% of the total paid-up share capital of the company. The list of shareholders includes individuals and corporate entities associated with the promoters.

Shareholding Details

The following table details the shareholding pattern of the promoter group and PACs as disclosed in the filing:

S. No	Name of the Promoter/PAC	No. of Shares	% of shares
1	Rajesh Gupta	85,40,252	19.64%
2	Anoop Garg	54,60,746	12.56%
3	Nupur Gupta	2,63,300	0.61%
4	Geeta Goswami	4,17,900	0.96%
5	BR Hands Investments Private Limited	56,81,714	13.07%
6	Shikha Gupta	33,62,400	7.73%
7	Priya Garg	33,04,500	7.60%
8	Uninav Developers Pvt Ltd	47,76,198	10.99%
9	Sandhya Gupta	3,75,000	0.86%
10	Arushi Garg	43,800	0.10%
11	Rajesh Gupta HUF	1,74,000	0.40%
12	Anoop Garg HUF	1,80,000	0.41%
13	Sachin Kumar Gupta	15,000	0.03%
Total		3,25,94,810	74.96%

The declaration was addressed to the Audit Committee of Usha Financial Services Limited and subsequently submitted to the exchanges for record purposes.